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In a recent press conference, U.S. President Donald Trump did not rule out the use of military or economic pressure to gain control over Greenland and the Panama Canal, signaling a shift in his foreign policy stance. “I can’t give you guarantees,” Trump said when asked whether such actions were on the table. Trump suggested that he could impose tariffs on Denmark if the Scandinavian country opposes the...
McDonald’s has scaled back several diversity-related initiatives in the United States, joining a growing list of major American companies that have recently revised their diversity and inclusion policies. The fast-food giant’s decision follows similar moves by other large corporations such as supermarket chain Walmart, motorcycle manufacturer Harley-Davidson, and spirits producer Brown-Forman, the maker of Jack Daniel’s whiskey. As part of its shift, McDonald’s announced that it will no...
Automaker Stellantis has announced the resignation of its CEO, Carlos Tavares, effective immediately. The decision, described by board member Henri de Castries as stemming from “differences in viewpoints” between the executive and the board, leaves the company without a clear successor. Tavares, widely regarded as one of the most respected leaders in the automotive industry, issued a profit warning in September concerning Stellantis’ 2024 financial results, citing declining...
The Russian ruble has experienced a sharp decline in value over the past few days, reaching its weakest level since March 2022, when Russia had just launched its invasion of Ukraine. As of now, one US dollar (around €0.95) is worth approximately 108 rubles. The depreciation is not limited to the dollar. The ruble has also weakened significantly against the euro and the Chinese yuan. Currently, over 113...
British airline EasyJet has announced significant profits, driven by a growing trend among travelers to book complete vacation packages, including flights and accommodations, directly through the airline. This trend reflects a resurgence in travel demand as people are eager to take holidays again. In markets such as Germany, England, and France, EasyJet offers customers the convenience of booking transport and lodging in one place. These package deals contributed...
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